Fintel reports that on April 29, 2026, Canaccord Genuity upgraded their outlook for Hecla Mining (NYSE:HL) from Hold to Buy.
Analyst Price Forecast Suggests 47.51% Upside
As of April 27, 2026, the average one-year price target for Hecla Mining is $26.32/share. The forecasts range from a low of $13.13 to a high of $38.32. The average price target represents an increase of 47.51% from its latest reported closing price of $17.84 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Hecla Mining is 806MM, a decrease of 43.35%. The projected annual non-GAAP EPS is 0.36.
What is the Fund Sentiment?
There are 535 funds or institutions reporting positions in Hecla Mining. This is an decrease of 190 owner(s) or 26.21% in the last quarter. Average portfolio weight of all funds dedicated to HL is 0.09%, an increase of 38.14%. Total shares owned by institutions decreased in the last three months by 26.41% to 467,004K shares. 
The put/call ratio of HL is 0.54, indicating a bullish outlook.
What are Other Shareholders Doing?
Van Eck Associates holds 37,064K shares representing 5.53% ownership of the company. In its prior filing, the firm reported owning 49,881K shares , representing a decrease of 34.58%. The firm increased its portfolio allocation in HL by 4.83% over the last quarter.
Toroso Investments holds 24,230K shares representing 3.61% ownership of the company. In its prior filing, the firm reported owning 28,082K shares , representing a decrease of 15.90%. The firm increased its portfolio allocation in HL by 62.38% over the last quarter.
MIRAE ASSET GLOBAL ETFS HOLDINGS holds 21,239K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 23,525K shares , representing a decrease of 10.76%. The firm decreased its portfolio allocation in HL by 19.43% over the last quarter.
Geode Capital Management holds 16,621K shares representing 2.48% ownership of the company. In its prior filing, the firm reported owning 14,850K shares , representing an increase of 10.66%. The firm increased its portfolio allocation in HL by 71.72% over the last quarter.
Goldman Sachs Group holds 13,065K shares representing 1.95% ownership of the company. In its prior filing, the firm reported owning 13,705K shares , representing a decrease of 4.90%. The firm increased its portfolio allocation in HL by 52.35% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
